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Trading is as simple as ABCD

  • #8,041
  • Aug 12, 2015 9:37am Aug 12, 2015 9:37am
GBPCHF trade was opened.
5/15 TMA lower band was earlier breached.
Possible continuation here since GBPCHF has been bearish short term.
Decided to wait for 1min TMA center to turn back to red before going Short

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-12-09-02-49_OPEN.png Size: 53 KB


GBPCHF closed as price hit 5min TMA lower band

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-12-09-38-35_FF.png Size: 54 KB


Profit = 24pips
  • #8,042
  • Aug 12, 2015 9:41am Aug 12, 2015 9:41am
EURUSD trade was opened.
5/15 TMA upper band was breached.
Possible continuation here since EURUSD has been bullish short term.
Decided to wait for 1min TMA center to turn back to green before going Long

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-12-09-05-40_OPEN.png Size: 53 KB


EURUSD closed as price hit 5min TMA upper band

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-12-09-36-04_FF.png Size: 53 KB


Profit = 12pips
  • #8,043
  • Aug 12, 2015 9:45am Aug 12, 2015 9:45am
EURGBP trade was opened.
5/15 TMA upper band was earlier breached.
Possible continuation here since EURGBP has been bullish short term.
Decided to wait for 1min TMA center to turn back to green before going Long

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-12-09-10-00_OPEN.png Size: 51 KB


EURGBP closed as price hit 5min TMA upper band

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-12-09-33-13_FF.png Size: 51 KB


Profit = 8pips
  • #8,044
  • Aug 12, 2015 9:55am Aug 12, 2015 9:55am
Trades so far ...

GBPCHF = 24 pips
EURUSD = 12 pips
EURGBP = 08 pips

Total Profit = 44pips
  • #8,045
  • Aug 12, 2015 9:56am Aug 12, 2015 9:56am
I will be posting some reversal trade attempts today ...
  • #8,046
  • Aug 12, 2015 10:02am Aug 12, 2015 10:02am
Quoting AJLFx
Trades so far ... GBPCHF = 24 pips EURUSD = 12 pips EURGBP = 08 pips Total Profit = 44pips
AJFX if you are taking 12 pips out of EURUSD you have not understood what this thread is all about......sorry to say (and just my 2 cts)
Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2015-08-12 um 16.55.22.png Size: 71 KB
  • #8,047
  • Aug 12, 2015 10:07am Aug 12, 2015 10:07am
your slopes are wrong......

Quoting Singha83
Does anyone have a strategy for to avoid this? I missed it but I would had entered at the arrow. First "x" would be an ideal exit but the second "x" is where a stop loss would be placed. I was hoping if anyone else would mind sharing a different plan to avoid or limit losses. The strategy is solid. IMO if not the best on FF... i have been spending lots of time trying to figure out how to limit losses as of now. {image}
  • #8,048
  • Aug 12, 2015 10:33am Aug 12, 2015 10:33am
Quoting devontrader
{quote} my hurst zip file.posted a page or 2 backload thw template and look at the slope.settings
Hi Jason.
Attached are the settings of the slopes being used....
Attached Image (click to enlarge)
Click to Enlarge Name: TMASlopes.png Size: 74 KB
  • #8,049
  • Aug 12, 2015 11:41am Aug 12, 2015 11:41am
Trade with M1 TF, less risk... Regards

Quoting Singha83
Does anyone have a strategy for to avoid this? I missed it but I would had entered at the arrow. First "x" would be an ideal exit but the second "x" is where a stop loss would be placed. I was hoping if anyone else would mind sharing a different plan to avoid or limit losses. The strategy is solid. IMO if not the best on FF... i have been spending lots of time trying to figure out how to limit losses as of now. {image}
  • #8,050
  • Aug 12, 2015 3:37pm Aug 12, 2015 3:37pm
Quoting Miche09
Trade with M1 TF, less risk... Regards {quote}
me thinks the 3 sticks c u at 1.08 ish (but what do I know?)
Attached Image (click to enlarge)
Click to Enlarge Name: Bildschirmfoto 2015-08-12 um 22.35.22.png Size: 69 KB
  • #8,051
  • Edited 7:21pm Aug 12, 2015 6:41pm | Edited 7:21pm
Quoting harry23
{quote} me thinks the 3 sticks c u at 1.08 ish (but what do I know?) {image}
Way too low (that's even lower than the July low). August we've seen a Daily HL and HH. Bulls will hold the key 1.1 level, that I see as the line in the sand for now.

Now if you happen to mean 1.108 well that is a real possibility and a good level to see a possible role reversal with resistance becoming support.

Time will tell I guess.
Today's zone = Tomorrow's opportunity!
  • #8,052
  • Aug 13, 2015 2:29am Aug 13, 2015 2:29am
Whatever u say. But just for the record: I do see on Aug 4 1.086. What do you see there?

Quoting pres78
{quote} Way too low (that's even lower than the July low). August we've seen a Daily HL and HH. Bulls will hold the key 1.1 level, that I see as the line in the sand for now. Now if you happen to mean 1.108 well that is a real possibility and a good level to see a possible role reversal with resistance becoming support. Time will tell I guess.
  • #8,053
  • Aug 13, 2015 2:50am Aug 13, 2015 2:50am
Hi everyone,


I believe that trade is simple. If you don't take it on your heart.
look this.
Attached Image (click to enlarge)
Click to Enlarge Name: DAF 2015 AUG 13 001.png Size: 78 KB
  • #8,054
  • Aug 13, 2015 4:52am Aug 13, 2015 4:52am
Quoting harry23
Whatever u say. But just for the record: I do see on Aug 4 1.086. What do you see there? {quote}
Aug 5th low 1.08481 which was Aug lowest low so far. 1.08084 is the July low. So as I said 1.08 is below the lowest low seen in July. So I guess that is whatever I say and is exactly what I said.

My bad for having a differing view. Keep forgetting that is not allowed in this thread anymore.
Today's zone = Tomorrow's opportunity!
  • #8,055
  • Aug 13, 2015 6:56am Aug 13, 2015 6:56am
If you reread what I have been writing: 1.08ish (meaning in the 1.08 range).And also just an opinion. No reason to get upset....

Quoting pres78
{quote} Aug 5th low 1.08481 which was Aug lowest low so far. 1.08084 is the July low. So as I said 1.08 is below the lowest low seen in July. So I guess that is whatever I say and is exactly what I said. My bad for having a differing view. Keep forgetting that is not allowed in this thread anymore.
  • #8,056
  • Aug 13, 2015 7:20am Aug 13, 2015 7:20am
Quoting shaan302
Hi everyone, I believe that trade is simple. If you don't take it on your heart. look this. {image}
what trade is simple..i dont see our method on your charts
  • #8,057
  • Aug 13, 2015 7:21am Aug 13, 2015 7:21am
Pre78

chill.....lets.all.concentrate on constructed discussion
  • #8,058
  • Aug 13, 2015 2:06pm Aug 13, 2015 2:06pm
GBPJPY trade was opened.
5/15 TMA lower band was breached.
Possible reversal here since GBPJPY has been bullish short term.
Decided to wait for 1min TMA center to turn back to green before going Long

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-13-10-08-02_OPEN.png Size: 54 KB


GBPJPY closed as price reach near round number

Attached Image (click to enlarge)
Click to Enlarge Name: MBT-2015-08-13-10-46-00_FF.png Size: 43 KB


Profit = 14pips
  • #8,059
  • Aug 13, 2015 2:14pm Aug 13, 2015 2:14pm
Below are other trades for the day ... these are not reversals but my short term "with-trend" trades:

USDCAD = 17 pips

GBPCAD = 19 pips

I decided not to post these because they are not reversal trades that try to catch the move back into the TMA bands, after a breakout.
  • #8,060
  • Aug 13, 2015 2:16pm Aug 13, 2015 2:16pm
At the moment I am using "recover" technique with a EURCAD trade I am in.

Will see how it plays out ...
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